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LaSalle Brands (FRA:UGW3) Asset Turnover : 0.00 (As of Sep. 2007)


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What is LaSalle Brands Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. LaSalle Brands's Revenue for the three months ended in Sep. 2007 was €0.00 Mil. LaSalle Brands's Total Assets for the quarter that ended in Sep. 2007 was €0.03 Mil. Therefore, LaSalle Brands's Asset Turnover for the quarter that ended in Sep. 2007 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. LaSalle Brands's annualized ROE % for the quarter that ended in Sep. 2007 was 3,056.43%. It is also linked to ROA % through Du Pont Formula. LaSalle Brands's annualized ROA % for the quarter that ended in Sep. 2007 was -89,776.27%.


LaSalle Brands Asset Turnover Historical Data

The historical data trend for LaSalle Brands's Asset Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

LaSalle Brands Asset Turnover Chart

LaSalle Brands Annual Data
Trend Aug00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06
Asset Turnover
Get a 7-Day Free Trial 0.02 0.05 0.12 0.01 0.78

LaSalle Brands Quarterly Data
Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of LaSalle Brands's Asset Turnover

For the Shell Companies subindustry, LaSalle Brands's Asset Turnover, along with its competitors' market caps and Asset Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


LaSalle Brands's Asset Turnover Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, LaSalle Brands's Asset Turnover distribution charts can be found below:

* The bar in red indicates where LaSalle Brands's Asset Turnover falls into.



LaSalle Brands Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

LaSalle Brands's Asset Turnover for the fiscal year that ended in Dec. 2006 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2006 )/( (Total Assets (A: Dec. 2005 )+Total Assets (A: Dec. 2006 ))/ count )
=0.045/( (0.114+0.002)/ 2 )
=0.045/0.058
=0.78

LaSalle Brands's Asset Turnover for the quarter that ended in Sep. 2007 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2007 )/( (Total Assets (Q: Jun. 2007 )+Total Assets (Q: Sep. 2007 ))/ count )
=0/( (0.004+0.055)/ 2 )
=0/0.0295
=0.00

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.


LaSalle Brands  (FRA:UGW3) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

LaSalle Brands's annulized ROE % for the quarter that ended in Sep. 2007 is

ROE %**(Q: Sep. 2007 )
=Net Income/Total Stockholders Equity
=-26.484/-0.8665
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-26.484 / 0)*(0 / 0.0295)*(0.0295/ -0.8665)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*-0.034
=ROA %*Equity Multiplier
=-89,776.27 %*-0.034
=3,056.43 %

Note: The Net Income data used here is four times the quarterly (Sep. 2007) net income data. The Revenue data used here is four times the quarterly (Sep. 2007) revenue data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

LaSalle Brands's annulized ROA % for the quarter that ended in Sep. 2007 is

ROA %(Q: Sep. 2007 )
=Net Income/Total Assets
=-26.484/0.0295
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-26.484 / 0)*(0 / 0.0295)
=Net Margin %*Asset Turnover
= %*0
=-89,776.27 %

Note: The Net Income data used here is four times the quarterly (Sep. 2007) net income data. The Revenue data used here is four times the quarterly (Sep. 2007) revenue data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


LaSalle Brands Asset Turnover Related Terms

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LaSalle Brands (FRA:UGW3) Business Description

Traded in Other Exchanges
N/A
Address
No. 5 West Xianhu Avenue,, 22nd Floor, Zhongmao International Building, Nanning City, CHN
1399 Internet Technology Application Group Inc is a shell company.

LaSalle Brands (FRA:UGW3) Headlines

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